Deborah Carter's blog

Pending Home Sales Surge to 18-Month High

Spring is almost here . . . Yaaaaay!  Time to get your home ready to sell!

Contact us to provide you with a no-obligation walk-thru of your home prior to putting it on the market.  We can provide you with lots of good advice on what to clean, remove, paint, and/or repair.  To get top dollar for your house it should look as good as it can!

Read more about how homes are selling -- Pending Home Sales Surge to 18-Month High -  A rise in buyer demand pushed pending home sales upward in January to the highest level since August 2013.

[NAR Daily News Magazine]

Buying a Condominium or a Townhouse, What’s The Difference?

The main difference between condominium and townhouse is ownership and not style.  Condominium ownership is basically from the drywall or paint on the walls in.  Townhouse ownership includes typically exterior walls, roof and a parcel of land.  When investigating tax records, land ownership for condominium will typically have”common” and “townhouse” will have a lot stated, such as 20 x 80.

Does this matter from a home buyers perspective?  Yes it does.  Potential homebuyers should ask several questions before buying.

Real Estate Markets Are Changing Again, So How To Price Your Home?

Great news, most areas are seeing home price increases.  How should a typical homeowner set the price to take advantage of the current market? 

In our office last week we listed 5 properties.  Four are under contract and one is still available.  Let’s examine the four sales.  Three homes sold close to asking price.  These properties were priced competitively and the local market responded to a bump in prices from previous sales.  The fourth property was priced slightly under the current market.  This sale had multiple offers and sold about 8% above the listing price. 

Pricing is still everything!  The one property that is still active, what went wrong? 

Suburban Realty Professionals  ♦  Princeton Office  ♦  96 Wall Street  ♦  Princeton, NJ 08540  ♦  877-221-8787